Competitive Procurement definition

Competitive Procurement means a set of procedures for developing a procurement contract through a bidding or proposal process. The intent is to solicit fair, impartial, competitive bids.
Competitive Procurement means a procurement process followed in order to provide an equal opportunity to multiple vendors, whether by invitation or by advertisement to the public, to bid on a contract as set out in a bid call document;
Competitive Procurement means a procurement method whereby all interested suppliers may submit a bid;

Examples of Competitive Procurement in a sentence

  • Steps taken to Procure the Services Using Competitive Procurement Procedures On January 17, 2012, WCI, Inc.


More Definitions of Competitive Procurement

Competitive Procurement means and include the processes for competitive bidding, Request for Expression of Interest, Request for Proposals, and Request for Qualifications.
Competitive Procurement means contracting with a qualified response action contractor using one or more of the procedures specified in Rule 62-772.400 or 62-772.401, F.A.C. and consistent with Section 287.057, F.S.
Competitive Procurement means that all procurement transactions, including small purchases, must be conducted in a manner that maximizes free and open competition.
Competitive Procurement means a Procurement process where more than one Bidder and/or Proponent is provided the opportunity to submit a Bid or Proposal.
Competitive Procurement means a procurement under this contract in which Seller will issue requests for proposal (hereinafter "RFP") to more than one potential subcontractor.
Competitive Procurement pursuant to 2 NYCRR § 206.2, means a procurement where EFC has:
Competitive Procurement means a set of procedures used to acquire Goods and/or Services